Kieran O'Donnell (Limerick East, Fine Gael)

I welcome the Minister's decision to provide in section 12(2) that "Section 4, in so far as it applies to credit unions, shall come into operation on such day as the Minister may appoint by order." I hope a consensus will be reached on foot of the deliberations with the credit union movement. I hope the rate that is charged in the credit union sector will be low enough to reflect the relatively low risk involved in the sector.

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